20180316 Ep 2611 Locked.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

20180316 Ep 2611 Locked.Pdf EP 2 FRIDAY MARCH 16, 2018 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my First lifestyle mall in Bintulu set to open Site-clearing at Taman Rimba Kiara begins mid-November The first regional lifestyle shop- Residents in Taman Tun Dr Ismail ping mall in Bintulu, Sarawak will (TTDI), Kuala Lumpur are “outraged” open its doors to shoppers by mid- to discover that clearing work has November 2018. begun at Taman Rimba Kiara (TRK), Dubbed tHe Spring Bintulu, the marking the start of the proposed mall has currently achieved 70% high-rise development that is still tenancy. Among the key tenants pending a court hearing. are Parkson, MBO Cinemas and Ta Property developer Memang Kiong Supermarket, according to Perkasa Sdn Bhd had started to The Spring Management Services remove trees to clear the upper (Bintulu) Sdn Bhd in a statement section of TRK on Wednesday af- following the unveiling of key ten- ternoon. According to the develop- but Wednesday’s actions indicate A judicial review for the pro- ants recently. ment notice board, the site will see that landowner Yayasan Wilayah posed development in TRK has its the construction of an aff ordable Persekutuan and the developer are case management set on April 18, housing scheme that is part of the deaf to the views of the TTDI com- 2018. The proposed development The Edge Property Sdn Bhd (1091814-P) controversial high-rise residential munity and residents, said Save involves the building of eight Level 3, Menara KLK, development proposed at the park. TRK lead strategist and coordina- blocks of 42- and 52-storey high- No 1 Jalan PJU 7/6, Mutiara The TTDI community has tor Leon Koay in a joint statement end serviced apartments (1,766 Damansara, 47810 Petaling Jaya, Selangor, Malaysia clearly expressed its objections by TTDI Residents Association and units) and a 30-storey aff ordable to the proposed development, Save TRK. housing block (350 units). EdgeProp.my It expects to open the mall with Managing Director/Editor-in-chief Au Foong Yee 90% occupancy in November. The launch last Saturday (March 10), homes with land areas of 20ft by Colony’s unique monochrome de- mall is also expected to attract an with homebuyers lining up at the 70ft and 20ft by 75ft, each with built- sign and signature chic interior. EDITORIAL estimated three million visitors in sales gallery a day prior. ups of 1,964 sq ft and containing four Aside from meeting rooms, there Executive Editor Sharon Kam Editor Lam Jian Wyn its fi rst year. The double-storey terraced house bedrooms and three bathrooms. will be nap rooms, nursing rooms, Deputy Chief Copy Editor Set at a sea-front premium lo- collection named Elata Nova at Setia Prices for the terraced homes start massage rooms, kids’ areas and James Chong cation in the city centre, the RM245 Tropika is targeted to be completed from RM701,800, translating into a an in-house cafe among its facil- Copy Editor Geraldine Tan million project off ers a total retail by mid-2020, said S P Setia general GDV of RM66.1 million. ities. The total investment cost of Senior Writer Rachel Chew space of about 390,000 sq ft, which manager (property south) Saniman Colony@KLEC is RM4.6 million. Writers Natalie Khoo, will be able to accommodate up to Amat Yusof. Colony to open Colony’s fi rst offi ce, Colony@KLCC Shawn Ng, Lum Ka Kay 127 retail outlets. The mall is co- “Just like the previous sold-out located in Jalan Kia Peng, had Art Director Sharon Khoh second space at KL Design Team owned by Sarawak Land (Kemena Elata Vita collection, which was opened in July last year. Jun Kit, Rajita Sivan Park) Sdn Bhd and Benlong Realty launched last year, Elata Nova @ Eco City According to Tiah, KL Eco City For New Launches/Events/ Sdn Bhd. Setia Tropika is the perfect choice Luxury co-working space Colony is is located in the heart of what is Press Releases/News Tips for those within the Gen-Y age group set to open its second space at KL considered the New Golden Trian- email: [email protected] Elata Nova @ Setia looking for starter homes, as its con- Eco City in June, said Colony Space gle with an integrated rail system Tel: 03-7721 8211 Fax: 03-7721 8280 Tropika almost 90% temporary design gives the homes a Asia co-founder and executive direc- comprising Abdullah Hukum LRT ADVERTISING & MARKETING modernistic twist yet remains func- tor Timothy Tiah. Station and KL Eco City KTM Station, Associate Account Director, sold at launch tional for young family living,” he Dubbed Colony@KLEC, the over- new link bridges and ramps access- Advertising & Marketing Heidee Ahmad (019) 388 1880 S P Setia Bhd’s Elata Nova @ Setia added. 20,000 sq ft space is spread across ing the Federal Highway and New Senior Account Manager Tropika, Johor Bahru recorded a The landed development com- fi ve fl oors. It can accommodate an Pantai Expressway as well as a two- Ian Leong (012) 359 1668 take-up rate of close to 90% at its prises 93 units of double-storey estimated 300 guests and will feature tier internal road system. Account Managers Khairul Amilin Ismail (019) 426 5101 Joane Tan (012) 377 2885 Maddox Wong (012) 342 2707 How do I get past issues of this weekly pullout? Joyceline Tan (012) 693 5826 trending Go to www.EdgeProp.my to download for free. Marketing Support & Ad Trafˎ c now Madeline Tan (03) 7721 8218 email: [email protected] NEGOTIATOR & CUSTOMER If you have any real estate-related events, email us at [email protected]. ADVISORY SERVICE LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. Senior Manager Elizabeth Lay Senior Associate Stannly Tan Paramount Property Aman Property Gallery, 2, Havana- For enquiries and listings Interstate Ride Persiaran Aman Perdana 3, themed email: [email protected] GL: (03) 7721 8175/ 8172 Date: March 18 (Sun) Bandar Tropicana Aman, Telok grand Time: 6.45am to 3pm Panglima Garang, Selangor launch EdgeProp.my pullout is published Venue: Design Village Outlet Contact: (1700) 81 8868 of Ativo by The Edge Property Sdn Bhd. It is available with The Edge Financial Mall, 733, Jalan Cassia Barat Tropicana Corp Bhd is Suites by Daily every Friday. The pullout 2, Bandar Cassia, Penang special early-bird discounts to organising complimentary TA Global is also distributed at more than Contact: (04) 506 0350 the fi rst 50 homebuyers. Prices yoga sessions for the public. Bhd. There 200 ofˎ ces, shopping complexes, condos, medical centres, F&B outlets Paramount Property, in for the double-storey homes Please bring your own mat. will be an and LRT stations in the Klang Valley. collaboration with Majlis are priced from RM649,000. acrobatic You can also download it for free at SkyWorld’s KidzCity www.EdgeProp.my Perbandaran Seberang Perai and lion dance, G Club, is organising an inaugural MAPEX 2018 Date: March 17 and 18 health interstate cycling ride (for 160km Date: March 16 to 18 (Fri to Sun) (Sat and Sun) corner, adults’ and kids’ Th e Edge Malaysia and 80km) this Sunday. Members of Time: 10am to 10pm Time: 9am to 5pm workshops and a party corner. the public are welcome to support Venue: Setia City Mall, Seksyen Venue: SkyWorld Gallery @ Publisher and Group CEO the event as well as to pay a 14, Shah Alam, Selangor Setapak, 17899, Jalan Ayer Jerneh, ID sharing session Ho Kay Tat visit to the Utropolis Batu Kawan Contact: (03) 7806 4853 Taman Ayer Panas, Kuala Lumpur Date: March 18 (Sun) EDITORIAL sales gallery to view the newly The Real Estate and Housing Contact: (03) 4031 2999 Time: 2pm to 3pm Editor-in-Chief Azam Aris completed show units of Suasana, Developers’ Association Selangor SkyWorld’s KidzCity is here! Get Venue: The private clubhouse CORPORATE a freehold serviced apartment branch is having its fi fth Malaysia ready for a fun-fi lled weekend for at Sky Condominium @ Chief Operating Ofˎ cer Lim Shiew Yuin development in Batu Kawan. Property Expo (MAPEX) this your children as they learn about Bandar Puchong Jaya, ADVERTISING & MARKETING year, featuring more than 2,700 real-life jobs and get practical Persiaran Puchong Jaya Chief Commercial Ofˎ cer Preview of S P Setia’s Vallaris properties with prices starting training too. Visit www.skyarena. Selatan, Bandar Puchong Sharon Teh (012) 313 9056 Date: March 17 (Sat) from RM262,000. Admission is free. com.my/kidzcity to register. Jaya, Puchong, Selangor General Manager Kingston Low (012) 278 5540 Time: 10am to 6pm Contact: (03) 8947 8899 Senior Sales Managers Venue: Setia Eco Gardens, Yoga at Tropicana Aman Grand launch of Ativo Suites IOI Properties Group Bhd will Fong Lai Kuan (012) 386 2831 Pejabat Tapak, Lot 2110, K.M Date: March 17 and 18 Date: March 17 (Sat) be hosting an event where Gregory Thu (012) 376 0614 Creative Marketing 5.5, Jalan Gelang Patah-Ulu (Sat and Sun) Time: 2pm to 7pm the design director of Sky Chris Wong (016) 687 6577 Choh, Johor Bahru, Johor Time: 8.30am Venue: Damansara Avenue Sales Condominium @ Bandar Head of Marketing Support Contact: (07) 555 5525 to 9.30am; Gallery, Persiaran Perdana, Bandar Puchong Jaya, Phuay Ching, & Ad Trafˎ c S P Setia Bhd is having a preview 10am to 11am Sri Damansara, Kuala Lumpur will be sharing tips on interior Lorraine Chan (03) 7721 8001 of its Vallaris eco homes collection Venue: Contact: (1800) 88 8082 design for your home. Seats are at Setia Eco Gardens, off ering Tropicana Witness and celebrate a Tropical limited, so register online now.
Recommended publications
  • Pa International Property Consultants
    PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD REAL ESTATE (PENANG) SDN BHD PA international Property Consultants Sdn Bhd formed in June 1980, is a full service real estate company registered with the board of valuers, appraisers & estate agents under the valuers, appraisers and estate agents act 1981. Our Network Offices: Our Professional Services: 1. Johor Bahru, Johor 1. Property Valuation 2. Kluang, Johor 2. Compulsory Land 3. Kuala Lumpur/ Petaling Acquisition and Jaya Compensation 4. Klang, Selangor 3. Property Selling & Leasing 5. Penang 4. Property Investment 6. Ipoh, Perak Consultancy 7. Seremban, Negeri 5. Project Marketing Sembilan 6. Property Management 8. Sungai Petani, Kedah 7. Corporate & Advisory 9. Ho Chi Minh City, Vietnam 8. Property Market Research (Representative Office) & Consultancy PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD PA international Property Consultants (Penang) Sdn Bhd was established in year 2014, head by Sr. Michael Loo as Executive Director. The company have undertaken valuations and related assignments for a number of Public listed and other established corporate entities, among which are: Tambun Indah Land Berhad Tah Wah Group Sdn Bhd Hai Hong Development Sdn Bhd Ivory Properties Group Berhad VST Group Sdn Bhd United Oil Palm Industries Sdn Bhd LBI Capital Berhad Sunrise Manner Sdn Bhd Hwa Huat Livestock Industries Sdn Bhd Hua Yang Berhad Metro Jelata Sdn Bhd Jeenhuat Foodstuffs Industries Sdn Tatt Giap Group Berhad Sunway Properties Berhad Bhd Wing Tai Malaysia Berhad Asia Plywood Company SL Airmas Development Sdn Bhd Heng Huat Resources Group Berhad Berhad Chye Seng Sdn Bhd Boon Koon Group Berhad VST Group Sdn Bhd The Light Hotel (M) Sdn Bhd B.
    [Show full text]
  • EY KL Calling 2020
    KL calling: dynamic, digital, diverse Investors guide Foreword The next phase of Kuala Lumpur’s growth is pivoting towards next-gen industries, including Industry 4.0. In recent years, Kuala Lumpur has garnered investments from high-tech multinational corporations in advanced medical technologies, digital e-platforms, Internet of Things, robotics and higher-value Global Business Services. Malaysia’s world-class infrastructure, supportive government policies and agencies Dato’ Abdul Rauf Rashid and future-ready digital talent proficient in EY Asean Assurance Leader English and Asian languages continue to Malaysia Managing Partner attract international businesses to establish Ernst & Young PLT their regional headquarters and centers in Kuala Lumpur. Beyond 2020, I envision that Kuala Lumpur will holistically evolve to become a smart digital city, driven by a balanced community purpose, i.e., to serve its residents’ needs and systemically improve common facilities and amenities for the well-being of Malaysians, business residents, expatriates and international visitors. Malaysia welcomes investors to recognize Kuala Lumpur’s 3 D strengths: dynamic, digital, diverse, and participate in Kuala Lumpur’s next exciting transformation! Selamat datang ke Kuala Lumpur! KL calling: dynamic, digital, diverse | 1 Our strategy is to be as close as “possible to our customers to understand their needs and to Malaysia’s fundamentals remain develop suitable products and “ solutions to fulfil their strong and attractive to investors. requirements. As the region’s most competitive manufacturing Despite the COVID-19 pandemic, powerhouse, Kuala Lumpur we remain in active discussions emerged as a natural favorite. with potential investors. Although some investors are ABB taking a wait-and-see approach, others remain committed to their investments as they hold a long- About 16 months into our term view.
    [Show full text]
  • Kuala Lumpur
    Powered by Powered by Kuala Lumpur Residential Market Update January 2019 The formation of a new government following Malaysia’s recent general election is already having a positive impact Economic indicators on the economy. Nominal quarterly GDP growth for Malaysia, Malaysia-wide unemployment, inflation and the overnight policy rate Consumer sentiment has been improving following the three month tax holiday, with the introduction of the GDP Quarter-on- Malaysia Overnight zero-rating of the Goods and Services Tax (GST), effective 1.7% Quarter Growth 3.25% Policy Rate from 1st June 2018, and the re-introduction of the Sales and Q2 2018 September 2018 Services Tax (SST) on 1st September 2018. This has been reinforced by strong employment and a low inflation rate; in Unemployment Rate Inflation Rate August 2018, unemployment levels stood at 3.4% and the 3.4% August 2018 0.2% August 2018 inflation rate was low at 0.2%. In the second quarter of 2018, the Business Conditions Index Nominal GDP growth Unemployment Rate Inflation Rate 6% (BCI), published by the Malaysian Institute of Economic Research, hit its highest level for the past 13 quarters at 5% 116.3 points. In addition, the continuing development of Kuala 4% Lumpur’s new financial district, Tun Razak Exchange, looks set 3% to further boost Malaysia’s growing financial services sector. 2% Keeping pace with rapid urbanisation is the development 1% progress of transport infrastructure in Greater Kuala Lumpur 0% (GKL). The completed and on-going Light Rail Transit (LRT) and Mass Rapid Transit (MRT) lines are enhancing mobility and -1% connectivity within the region, and helping to transform GKL -2% into a sustainable and liveable metropolis.
    [Show full text]
  • Download Updated Store Operating Hours
    RETAIL OPERATION HOUR Store Name Opening Hours (WEEKDAYS) OPENING HOURS (WEEKENDS) REASONS(IF NOT 10AM-10PM) TOWN STATE SHOP ADDRESS G51 MAHKOTA PARADE 10.00 AM TO 10.00 PM 10.00 AM TO 10.00 PM MALL CLOSING TIME BANDAR HILIR MELAKA LOT G.51, MAHKOTA PARADE GROUND FLOOR, JALAN TAMAN 75000 , MELAKA. 1363 MASJID TANAH 9.00 AM TO 8.00 PM 9.00 AM TO 8.00 PM TOWN COUNCIL REQUIREMENT MASJID TANAH MELAKA MT 1363 PEKAN MASJID TANAH ,78300 MELAKA. AEON MELAKA 10.00 AM TO 9.00 PM 10.00 AM TO 9.00 PM MALL CLOSING TIME AYER KEROH MELAKA F20 AEON MELAKA ,SHOPPING CENTRE , LEBUH AYER KEROH , 75450 MELAKA. NO 49 & 50 , JALAN BINTANG , OFF JALAN KLUANG , 83000 BATU PAHAT , 49-51 BATU PAHAT 10.00 AM TO 10.00 PM 10.00 AM TO 10.00 PM BATU PAHAT JOHOR JOHOR. LOT 1-69 & 1-70 FIRST FLOOR , BATU PAHAT MALL, JALAN KLUANG, 83000 BATU BATU PAHAT MALL 10.00 AM TO 9.00 PM 10.00 AM TO 9.00 PM MALL CLOSING TIME BATU PAHAT JOHOR PAHAT, JOHOR WETEX MUAR 10.00 AM TO 10.00 PM 10.00 AM TO 10.00 PM MALL CLOSING TIME MUAR JOHOR WETEX PARADE , LOT 17-18 1ST FLOOR JALAN ALI , 84000 MUAR ,JOHOR NO 6 & 7 PUSAT PERNIAGAAN NAIB LONG 2, JALAN MUAR, 84900 ,TANGKAK 6&7 TANGKAK 10.00 AM TO 8.00 PM 10.00 AM TO 8.00 PM TOWN COUNCIL REQUIREMENT MUAR JOHOR JOHOR AEON BIG BATU PAHAT , F1.10 JLN TAN SWEE HOE , TAMAN FLORA UTAMA , AEON BIG BATU PAHAT 10.00 AM TO 9.00 PM 10.00 AM TO 9.00 PM FOLLOW MALL OPERATION HRS BATU PAHAT JOHOR 83000 BATU PAHAT , JOHOR.
    [Show full text]
  • Avara Brochure 12.5Inc Square 32Pages ENG FA Web
    www.avara.com.my Developer : BA SHENG SDN BHD (1058822-W) No. 10 (Lot 30), Jalan Seputeh, 58000 Kuala Lumpur. T: +603-7972 3365 Developer’s License No.: __________ • Validity: __________ – __________ • Advertising Permit No.: __________ • Validity: __________ – __________ • Building Plan Approving Authority: Dewan Bandaraya Kuala Lumpur • Building Plan Approval No.: BP S1 OSC 2017 1667 • Expected Date of Completion: 48 months (October 2021) • Land Tenure: Freehold • Land Encumbrances: Charged To RHB Bank Berhad (October 2021) • Type of Property: Serviced Apartment • Total Units: 366 • Selling Price: Type A (46 Units - 667 sq ft) – RM731,250.00 (Min.) RM821,250.00 (Max.) • Type A1 (23 Units - 689 sq ft) – RM757,500.00 (Min.) RM843,750.00 (Max.) • Type B (23 Units - 807 sq ft) – RM868,750.00 (Min.) RM958,750.00 (Max.) • Type C (91 Units - 829 sq ft) – RM890,000.00 (Min.) RM980,000.00 (Max.) • Type D (46 Units - 915 sq ft) RM970,000.00 (Min.) RM1,067,500 (Max.) • Type E (23 Units - 1,087 sq ft) RM1,126,250.00 (Min.) RM1,217,500.00 (Max.) • Type F (23 Units - 926 sq ft) RM981,250.00 (Min.) RM1,071,250.00 (Max.) • Type G (23 Units - 1,076 sq ft) RM1,116,250.00 (Min.) RM1,207,500.00 (Max.) • Type H (22 Units - 850 sq ft) RM910,000.00 (Min.) RM1,000,000.00 (Max.) Type I (46 Units - 1,216 sq ft) RM1,238,750.00 (Min.) RM1,328,750.00 (Max.) • Bumiputra Discount: 5% • Restriction in Interest: N/A. IKLAN INI TELAH DILULUSKAN OLEH JABATAN PERUMAHAN NEGARA.
    [Show full text]
  • Malaysia Real Estate Highlights
    RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2015 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU KUALA LUMPUR HIGH END CONDOMINIUM MARKET (MPC) meeting in May in an effort to support economic growth and domestic HIGHLIGHTS consumption. • Softening demand in the SUPPLY & DEMAND high-end condominium With the completion of seven notable segment amid a cautious projects contributing an additional market. 1,296 units [includes projects that are physically completed but pending Madge Mansions issuance of Certificate of Completion • Lower volume of transactions and Compliance (CCC)], the cumulative expected to come on-stream. The KL in 1Q2015. supply of high end condominiums in City locality will account for circa 35% Kuala Lumpur stands at 39,610 units. (1,310 units) of the new supply; followed • Developers with niche high by Mont’ Kiara / Sri Hartamas with Approximately 45% (582 units) of the new 34% (1,256 units); KL Sentral / Pantai / end residential projects in KL completions are located in the Ampang Damansara Heights with 20% (734 units); City review products, pricing Hilir / U-Thant area, followed by some and the remaining 11% (425 units) from and marketing strategies in 26% (335 units) in the locality of KL City; the locality of Ampang Hilir / U-Thant. a challenging market with 16% (204 units) from the locality of KL lacklustre demand, impacted Sentral / Pantai / Damansara Heights Notable projects slated for completion by a general slowdown in the area; and 14% (175 units) from the Mont’ in KL City include Face Platinum Suites, economy, tight lending Kiara / Sri Hartamas locality. Le Nouvel, Mirage Residences as well as guidelines, weaker job market the delayed project of Crest Jalan Sultan The three completions in Ampang Hilir amongst other reasons.
    [Show full text]
  • Malaysia Real Estate Highlights
    RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2017 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET Subdued high-end condominium market with developers scaling ECONOMIC INDICATORS 44.3%). Meanwhile, 1Q2017 also saw a back on new property launches marginal increase in the total outstanding / amid continued weak demand. Malaysia’s economy rebounded in non-performing loans in the housing sector 1Q2017 with Gross Domestic Product to RM5.54 billion (4Q2016: RM5.41 billion). (GDP) expanding at 5.6% (4Q2016: With potential purchasers and 4.5%), driven mainly by higher private investors waiting on the side- expenditure. For 2017, the country’s GDP lines, developers continue to growth forecast range between 4.3% and tweak their marketing strategies 4.8%, supported by gradual improvement to sustain earnings through in the global economy and domestic “stock clearing” of completed demand. and on-going projects. Headline inflation for 1Q2017 was higher at 4.3% (4Q2016: 1.7%), driven mainly Limited completions of high- by high transportation cost. The annual end condominiums / residences inflation for 2017 is expected to be in the during the review period. region of 3.0% to 4.0% (2016: 2.1%). The labour market condition for 1Q2017 Secondary pricing in selected remained stable, with the unemployment locations remained flat while rate of 3.5% (4Q2016: 3.5%). rentals continued to be under To remain accommodative to economic pressure. activity and to support domestic demand, Bank Negara Malaysia (BNM) continued China’s capital control impact to maintain the Overnight Policy Rate projects targeting buyers from (OPR) at 3.0%.
    [Show full text]
  • Malaysia Real Estate Highlights
    RESEARCH REAL ESTATE HIGHLIGHTS 2ND HALF 2016 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET Despite the subdued market, there were noticeably more ECONOMIC INDICATORS launches and previews in the TABLE 1 second half of 2016. Malaysia’s Gross Domestic Product Completion of High End (GDP) grew 4.3% in 3Q2016 from 4.0% Condominiums / Residences in in 2Q2016, underpinned by private 2H2016 The secondary market, however, expenditure and private consumption. continues to see lower volume Exports, however, fell 1.3% in 3Q2016 of transactions due to the weak compared to a 1.0% growth in 2Q2016. economy and stringent bank KL Trillion lending guidelines. Amid growing uncertainties in the Jalan Tun Razak external environment, a weak domestic KL City market and continued volatility in the 368 Units The rental market in locations Ringgit, the central bank has maintained with high supply pipeline and a the country’s growth forecast for 2016 at weak leasing market undergoes 4.0% - 4.5% (2015: 5.0%). correction as owners and Le Nouvel investors compete for the same Headline inflation moderated to 1.3% in Jalan Ampang 3Q2016 (2Q2016: 1.9%). pool of tenants. KL City 195 Units Unemployment rate continues to hold steady at 3.5% since July 2016 (2015: The review period continues to 3.1%) despite weak labour market see more developers introducing conditions. Setia Sky creative marketing strategies and Residences - innovative financing packages Bank Negara Malaysia (BNM) lowered the Divina Tower as they look to meet their sales Overnight Policy Rate (OPR) by 25 basis Jalan Raja Muda KL City target and clear unsold stock.
    [Show full text]
  • Malaysia Property Market Trend Analysis (Commercial)
    Property Market Trend Analysis Commercial Savills Malaysia May 2019 GREATER KL Retail Market Overview Retail Supply in Greater KL . Well-supplied market, Cumulative Retail Supply in Greater KL with 64 mil sq ft of KL City KL Suburbs Outer KL Greater KL shopping mall & Future Supply: hypermarket in the +21 mil sf region. 90.00 85 . Basically, both the office 84 78 and retail markets are 80.00 bracing for an additional 69 70.00 20 million sft of supply 64 62 by 2022 (each), but for 61 60.00 57 retail, the current supply 54 base is half that of office; 48 49 50.00 46 hence, the % growth will 42 be twice as high. 39 40 40.00 38 . Of the total retail supply in Greater KL: - Retail Sapce (mil sf) 30.00 Selangor: 57% 20.00 KL Suburb: 25% KL City: 18% 10.00 0.00 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019e 2020e 2021e 2022e Source: Savills Research 3 Future Retail Supply in Greater KL Future Supply in the Greater KL . Strong competition in the coming years with at Selangor KL Suburbs KL City least 20 mil sq ft retail . Empire City Mall space in the pipeline. 10.00 . Pavilion Bukit Jalil . KSL City Mall 9.00 . The Exchange Mall 8.00 . Mitsui Shopping Park Lalaport . Pavilion Damansara Heights 7.00 . IOI City Mall 2 6.00 6.20 5.00 Tropicana Gardens Mall 1.10 4.00 . Mall @ 1.94 Redevelopment of Plaza Rakyat Retail Space(million ft) sq 3.00 3.08 2.00 1.80 2.63 1.00 0.32 1.02 1.25 0.50 0.00 2019e 2020e 2021e 2022e Source: Savills Research 4 Average Retail Occupancy Rate Retail Occupancy Rate of Greater KL .
    [Show full text]
  • Malaysia Real Estate Highlights
    RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2019 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR More market activity in the high-end condominium / HIGH END CONDOMINIUM serviced apartment segment (> RM1 million) in 2018 and MARKET this momentum is expected to continue into 2019. MARKET SUPPLY AND 1H2019 saw the launches of a INDICATIONS DEMAND few high-end condominium / The Malaysian economy continues with As of 1H2019, the completion of 602 units serviced apartment projects in its growth momentum albeit at a slower of high-end condominiums / serviced Kuala Lumpur City. The projects pace of 4.7% in 2018 (2017: 5.9%). It apartments from two projects brought are generally smaller in scale, on continued to expand 4.5% in 1Q2019 the cumulative supply in Kuala Lumpur pockets of land. (4Q2018: 4.7%), supported by private to 56,786(R) units. The completed projects sector expenditure. For the whole year were Opus KL (357 units) and Residensi The prices of new launches of 2019, economic growth is expected Sefina (245 units). remain flattish as the high-end to range between 4.3% and 4.8%. In (Note: (R) The cumulative supply has residential segment continues to May 2019, the Department of Statistics been revised) be challenging. Malaysia (DOSM) rebased of the country’s gross domestic product (GDP), The scheduled completion of Sky Suites In the secondary market, the from year 2010 to 2015. @ KLCC (986 units), 8 Kia Peng (442 units), Tower 1 and Tower 2 @ Star overall transacted price of The current period of low headline Residences (1,039 units), Aria KLCC selected schemes analysed was inflation, recorded at 1.0% in 2018 (2017: (598 units), Stonor 3 (400 units), Novum lower by 1.6% when compared 3.7%), is largely due to key policies such Bangsar (729 units), TWY Mont’ Kiara to 2018 as purchasers continue as the fixing of domestic retail fuel prices (484 units), Arte Mont’ Kiara (1,706 to be spoilt for choice.
    [Show full text]
  • Participating Outlet Details
    Participating Outlet Details: Locations Tel No. Business Address Hartamas Shopping Centre (03) 6205 1812 Lot P-5, Plaza Floor, Hartamas Shopping Centre, No.60, Jalan Sri Hartamas 1, Sri Hartamas, 50480 Kuala Lumpur. Lot 10 (03) 2145 9186 (Cashier) Lot G6 & G7, Ground Floor, Lot 10 Shopping Centre, 50, Jalan Sultan Ismail, 50250 Kuala Lumpur. Mid Valley Megamall 2 (03) 2283 5981 Lot G-034A, Ground Floor, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. Setapak Central (03) 4131 8211 Lot G57, Ground Floor, Setapak Central, 67, Jalan Taman Ibu Kota, Taman Danau Kota, 53300 Setapak, Kuala Lumpur. Cheras Leisure Mall 2 (03) 9130 7886 L2-55A, 56 & 56A, Level 2, Cheras Leisure Mall, Jalan Manis 6, Taman Segar Cheras, 56100 Kuala Lumpur. Pavilion2 (03) 2141 4806 Lot 1.22, Level 1, Pavilion Kuala Lumpur, No.168, Jalan Bukit Bintang, 55100 Kuala Lumpur. Sunway Velocity (03) 2788 3313 G13 & 14, Sunway Velocity, 80, Jalan Cheras, 55100 Kuala Lumpur. (03) 4161 2287 (Store Melawati Mall room) Lot GF05,UP 2-01, Melawati Mall, (03) 4162 2290 (Cashier) 355, Jalan Bandar Melawati, Pusat Bandar Melawati, 53100 Kuala Lumpur. Bangsar Shopping Centre (03) 2092 3969 Lot G119, G120 & G121, Ground Floor, Bangsar Shopping Centre, 285, Jalan Maarof, Bukit Bandaraya, 59000 Kuala Lumpur. AEON Metro Prima Kepong (03) 6179 3560 Lot G27, AEON Metro Prima Shopping Centre 1, Jalan Metro Prima, Taman Kepong, 52100 Kuala Lumpur. Wangsa Walk Mall (03) 4131 4271 (Cashier) Lot G21, Wangsa Walk Mall, Wangsa Avenue, (03) 4131 0579 (Office) No.9, Jalan Wangsa Perdana 1, Bandar Wangsa Maju, 53300 Kuala Lumpur.
    [Show full text]
  • MR.DIY X Shopeepay RM4 Cashback 2021 Locate Your Nearest MR.DIY Stores Now NO. STORE NAME 1 1 Arena Tawau 2 1 Beaufort Commercia
    MR.DIY x ShopeePay RM4 Cashback 2021 Locate Your Nearest MR.DIY Stores Now NO. STORE NAME 1 1 Arena Tawau 2 1 Beaufort Commercial Kk 3 1 Borneo Hypermall 4 1 Segamat 5 1 Shamelin Mall 6 1 Telipok Tuaran Sabah 7 1 Utama Bandar Utama 8 1st Avenue Mall 9 3 Damansara 10 88 Marketplace, Kota Kinabalu 11 9 Avenue Nilai 12 A Mart Kempas 13 Aeon Alpha Angle 14 Aeon Au2 15 Aeon Bandaraya Melaka 16 Aeon Big Bukit Minyak 17 Aeon Big Bukit Rimau 18 Aeon Big Kluang 19 Aeon Big Kluang - (2) 20 Aeon Big Puchong Utama 21 Aeon Big Seri Petaling 22 Aeon Big Subang Jaya 23 Aeon Big Tun Hussein Onn 24 Aeon Big Tun Hussein Onn 25 Aeon Big Wangsa Maju 2 26 Aeon Ipoh Station T18 27 Aeon Mall Klebang Ipoh 28 Aeon Mall Kota Bahru 29 Aeon Mall Kuching Central 30 Aeon Mall Shah Alam 31 Aeon Mall Taman Maluri Cheras 32 Aeon/Jusco Kulai Jaya 33 Aeon/Jusco Mall Bm 34 Aeonbig Ampang 35 Aeonbig Ipoh Phase 1 36 Aeonbig Ipoh, Phase 2 37 Aeonbig Kepong 38 Aeonbig Penang Prai 39 Aeroville Mall Kuching 40 Aiman Mall, Kota Samarahan Sarawa 41 Alamanda Putra Jaya 42 All Season Place 43 Amanjaya Mall,Sungai Petani 44 Amber Plaza,Jalan Jelawat Cheras 45 Amcorp Mall, Pj 46 Ampang Point Shopping 47 Aneka Jerai Plaza 48 Angsana Ipoh Mall 49 Atria Shopping Gallery 50 Aurora Place@ Bukit Jalil 51 Avenue K, Ampang 52 Axis 53 Ayer Tawar, Perak 54 Balakong 55 Balok Darat Kuantan 56 Balwin Business Center Tapah 57 Bandar Baru Ayer Hitam 58 Bandar Baru Betong 59 Bandar Baru Jerteh, Terengganu 60 Bandar Baru Kubang Kerian 61 Bandar Baru Permyjaya Emart Tudan 62 Bandar Bestari Jasin 63 Bandar Bukit Sentosa 64 Bandar Bukit Tinggi, Klang 65 Bandar Cheras Batu 11 66 Bandar Darulaman Jaya, Jitra 67 Bandar Indera Mahkota 68 Bandar Kok Lanas,Ketereh 69 Bandar Maran, Pahang 70 Bandar Pasir Puteh 71 Bandar Perdana Sandakan 72 Bandar Perlan.
    [Show full text]